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    Property profile & analytics

    205 Frank Timberlake Rd Timberlake, NC 27583-9590

    • Turn key restaurants
    • 14,486 SF
    • 9.14 lot acres
    OFF-MARKET
    Value Estimation
    $4,200,000
    Last Sale
    Sep 16, 2022
    $4,400,000
    Location Intelligence
    Property ID
    US53-3815921
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Homestead Steakhouse & Restaurant / Steak House / Catering Food And Drink Supplier

    Property Details for 205 Frank Timberlake Rd

    Year built
    1985
    Lot size
    9.14 lot acres
    Property size
    14,486 SF
    Property type
    Turn key restaurants
    APN
    A52 73
    APU
    A5273

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,755,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,130,000
      6.5%
      $4,325,000
      7%
      $4,605,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $4,475,000
      Geo Method
      $5,060,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,890,000
      Retail
      $3,880,000
      Mixed-Use
      $4,630,000
      Hospitality
      $4,780,000
      Educational
      $4,705,000
      Residential Income
      $5,130,000
      Energy
      $4,160,000
      Income-Based Land
      $3,920,000
      Food Service
      $4,945,000

    Location Insight

    • Map
    • Local Demand
    City
    Timberlake
    County
    Person
    State
    North Carolina
    Longitude
    -78.9778
    Latitude
    36.3015
    CBSA code
    20500
    CBSA name
    DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $20,495
    $0.00
    $0.00
    $2,610,862
    -
    $115,406
    $2,495,456
    $2,610,862

    Comparable in this City

    • Value Estimation by Request
      1,200 SF

      8806 Durham Rd

      RESTAURANT • 1,200 SF
      8806 Durham Rd, Timberlake, NC 27583-9692
      View Details
    • Value Estimation
      $4,435,000
      84,000 SF

      555 Lucy Garrett Rd

      RESTAURANT • 84,000 SF
      555 Lucy Garrett Rd, Timberlake, NC 27583
      View Details
    • Value Estimation
      $4,145,000
      5,776 SF

      255 Frank Timberlake Rd

      RESTAURANT • 5,776 SF
      255 Frank Timberlake Rd, Timberlake, NC 27583
      View Details
    • Value Estimation by Request
      2,300 SF

      11029 Durham Rd

      AUTO REPAIR, GARAGE • 2,300 SF
      11029 Durham Rd, Timberlake, NC 27583-8404
      View Details
    • Value Estimation
      $120,000
      1,248 SF

      9770 Durham Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,248 SF
      9770 Durham Rd, Timberlake, NC 27583
      View Details
    • Value Estimation by Request
      3,000 SF

      8741 Durham Rd

      CONVENIENCE STORE • 3,000 SF
      8741 Durham Rd, Timberlake, NC 27583-9680
      View Details

    Similar Nearby for Sale

    • $1,250,000
      4,400 SF

      High-Traffic Retail Center, Timberlake NC

      Established Business, Great Location, High Returns
      11029 Durham Rd, Timberlake, NC 27583
      View Details
    • New
      $80,000
      3.15 Acres

      Land Near North Flat River

      3.15 acres near North Flat River in Timberlake, NC.
      Helena Moriah Rd, Timberlake, NC 27583
      View Details
    • $75,000
      Pending

      Timberlake, NC Land Opportunity

      1.43 acre lot backing to South Flat River.
      Shannon Ct, Timberlake, NC 27583
      View Details
    • $83,000
      1.02 Acres

      Residential Lot in Timberlake, NC

      Serene lot in Timberlake with approved septic permit.
      100 River Bend Dr, Timberlake, NC 27583
      View Details
    • $129,900
      Pending

      Land with Flat River Frontage

      4+ acre land in Person County with river frontage.
      lot 9A/9B Woody Dr, Timberlake, NC 27583
      View Details
    • $32,309,000
      246,079 SF

      NC Industrial Facility: $32.3M

      246,079 SF Manufacturing/Warehouse
      6400 Durham Rd, Timberlake, NC 27583
      View Details
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    Timberlake, NC 27583-9590
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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